THE BOOTS: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
THE BOOTS
Largest movements
- Cash +€7,639
up €7,639 (+83.5%), from €9,153 to €16,792
mainly Net result for the year (+€6,124) and Trade debts (+€1,785)
- Deferred charges and accrued income +€1,785
up €1,785 (+7.3%), from €24,400 to €26,185
- Tangible fixed assets -€1,515
down €1,515 (-4.4%), from €34,434 to €32,919
of which Other tangible fixed assets: -€1,515
- Profit (loss) carried forward +€6,124
up €6,124 (+11.8%), from -€52,068 to -€45,944
- Trade debts +€1,785
up €1,785, from €0 to €1,785
- Gross operating margin +€1,247
up €1,247 (+8.3%), from €14,993 to €16,240
- Other operating charges +€242
up €242 (+2.9%), from €8,305 to €8,547
From the 2025 result to the 2026 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Derived cash bridge
Derived from the 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €67,987 | €75,896 | +€7,909 | +11.6% |
| Fixed assets | 21/28 | €34,434 | €32,919 | -€1,515 | -4.4% |
| Tangible fixed assets | 22/27 | €34,434 | €32,919 | -€1,515 | -4.4% |
| Land and buildings | 22 | €27,691 | €27,691 | = | 0.0% |
| Other tangible fixed assets | 26 | €6,743 | €5,227 | -€1,515 | -22.5% |
| Current assets | 29/58 | €33,553 | €42,977 | +€9,424 | +28.1% |
| Cash at bank and in hand | 54/58 | €9,153 | €16,792 | +€7,639 | +83.5% |
| Deferred charges and accrued income | 490/1 | €24,400 | €26,185 | +€1,785 | +7.3% |
| Total equity and liabilities | 10/49 | €67,987 | €75,896 | +€7,909 | +11.6% |
| Equity | 10/15 | €67,987 | €74,111 | +€6,124 | +9.0% |
| Contributions | 10/11 | €120,000 | €120,000 | = | 0.0% |
| Reserves | 13 | €55 | €55 | = | 0.0% |
| Non-distributable reserves | 130/1 | €55 | €55 | = | 0.0% |
| Reserves not available under the articles | 1311 | €55 | €55 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€52,068 | -€45,944 | +€6,124 | +11.8% |
| Amounts payable | 17/49 | €0 | €1,785 | +€1,785 | |
| Amounts payable within one year | 42/48 | €0 | €1,785 | +€1,785 | |
| Trade debts | 44 | €0 | €1,785 | +€1,785 | |
| Suppliers | 440/4 | €0 | €1,785 | +€1,785 | |
| Other amounts payable | 47/48 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,515 | €1,515 | = | 0.0% |
| Other operating charges | 640/8 | €8,305 | €8,547 | +€242 | +2.9% |
| Gross operating margin | 9900 | €14,993 | €16,240 | +€1,247 | +8.3% |
| Operating profit (loss) | 9901 | €5,173 | €6,179 | +€1,005 | +19.4% |
| Financial income | 75/76B | - | €2 | +€2 | |
| Recurring financial income | 75 | - | €2 | +€2 | |
| Financial charges | 65/66B | €34 | €57 | +€22 | +65.1% |
| Recurring financial charges | 65 | €34 | €57 | +€22 | +65.1% |
| Profit (loss) for the period before taxes | 9903 | €5,139 | €6,124 | +€985 | +19.2% |
| Profit (loss) for the period | 9904 | €5,139 | €6,124 | +€985 | +19.2% |
| Profit (loss) for the period to be appropriated | 9905 | €5,139 | €6,124 | +€985 | +19.2% |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 22 October 2026 via checked.be.